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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


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Help please, savings and benefits

  • mummyoftwo
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01 May 10 #201730 by mummyoftwo
Topic started by mummyoftwo
hi
i've just joined and wondering if anyone can help me.
I'm seperated from my husband but still living in the same house. Am due to move out soon when house is ready.

I currently claim DLA and Carers allowance for my disabled child, and have been told that I will also be entitled to child tax credits when i'm a single parent, however i am not sure if the settlement from our property will effect these benefits as i will then having savings so to speak!

Any help would be greatly appreciated

  • LittleMrMike
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01 May 10 #201740 by LittleMrMike
Reply from LittleMrMike
Capital or savings can affect benefits which are means tested such as

Income support/JSA
Housing/Council tax benefit.

It does not affect DLA. I don't think it affects carers allowance but CA can affect other benefits.

I would suggest a benefits check with a CAB.
I haven't done this sort of thing fopr years and my knowledge may be out of date.

LMM

  • deevorce
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05 Jul 10 #212580 by deevorce
Reply from deevorce
If you are already separated even if living under the same roof as your STBX, you can still apply for tax credits in your own right.

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